25 Mentoring Lessons For Stock Traders

Why Mentoring a Trader is a Two-Way Street

Mentoring advice can be difficult. You never want to shatter someone’s dreams but you want to be honest. It’s a fine line to walk.

When you have an honest desire to give back, mentoring is an obligation. A responsibility.

It’s common for new traders to ask experienced traders for advice. Often they say no. It’s not for the reason you think.

They say no because you aren’t putting in the time. They refuse because they see you aren’t working hard on your own.

Trust me, experienced traders notice if you arrive at 9am and leave at 4pm. Start to come in early, stay late.

You will have no problem finding a mentor if you do this. Hard work is the price of admission.

A mentor is not interested in helping someone who is lazy. Show them you are willing to go the extra mile. Someone who takes responsibility for their results.

You can’t improve without this extra effort. I’ve been there. Day trading success will take twice the effort you expect.

Why do I Think Mentoring Traders is Important?

Profitable trading is hard. It takes time to learn. It can be a lonely endeavor.

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